Investing is essential to good money management because it ensures both present and future financial security. Not only do you end up with more money in the bank, but you also end up with another income stream. Investing is the only way to achieve both growing wealth and passive income.
I started investing right after serving my national service. This is because I wanted to spend more time with my family. Investing and aiming for financial freedom, allows me to have more freedom in doing what I like as well.
This path is largely influenced by my father, who worked his whole life to feed my family of 7. Due to Dot.com Financial Crisis, my dad was forced to work overseas as the company we worked at discontinued in Singapore. Since then, my dad spent very little time with me and my family.
After National Service, I spent my hard earned money from part time jobs to go for self-development courses in entrepreneurship and investing. I found out that there are many “Nice” trainers out there, whom are good at motivating people, but when it comes to real content, little to non. These “nice” trainers did well in personal branding and marketing, and most people attend their courses, end up unable to start a business or invest by themselves.
I decided to step up in 2017, in the journey to close the gap of the investing public and the stock market, by sharing investing strategies, real good valued content and little to no motivation elements in my program.
There are two categories, either you are an investor or a trader.
The investor has to develop an investment mindset if he is serious about investing. The investor should stay invested for a long period of time for the returns to compound.
Traders often have to think fast and make quick decisions, darting in and out of stocks on short notice. To accomplish this, they need a certain presence of mind. They also need the discipline to stick with their own trading plans and know when to book profits and losses. Emotions simply can’t get in the way.
Long term Strategy
(Core Investing Methodology)
Emphasis on Fundamentals (Strong Companies)
Hold for longer term (Adhoc)
Short term Strategy
(Core Power Options Methodology)
Emphasis on Technical Analysis (Strong Signals)
Monthly (2 Hours a Month)
Weekly (2 Hours a Week)
Daily (30 mins a day)
Intraday (Anytime within the day)
I am both an investor and trader in this 10 year journey. I started out as a value investor, and now due to the market, I have changed to be a “CORE” investor (Always update to the latest strategy to suit the market).
It depends on your portfolio, how you want to manage it, how do you want to grow it. I allocate half of my money into long term growth stocks, while the other half, I used it for trading for quick profits.
However, one of the most important factor, is to invest or trade in good companies.
This is because, predictively, if they are good and strong companies, the market will reward it, therefore market price will move up, and doing bullish strategies, work most of the time.
Just look at Apple Inc. at the below image… your chances of losing money is signicantly reduced.
Therefore, whether you choose to invest or trade, you have to know what you are doing. If you took a college degree or any other education, and spend 9-5pm to work to make money from your business or career, it means that we also need to spend time and effort to learn to invest as you are also making money in the stock market.
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